Asian Fixed Income/Frontier Market Research

Bondcritic

Bondcritic, established in 2009, is designed to be an independent credit research voice that helps investors gain insights and unbiased analyses on Asian fixed income market. Our mission is to discover deep-value Asian high-yield and distressed bonds with a bottom-up approach, together with the help of our proprietary ESG (Environmental, Social Development, and Governance) model. At the same time, we focus on bringing investment cases of unrated and unloved issuers to the general public.

A Visionary Prince, a Currency Peg, and the Price of Oil

Global EM Credit & Equity Investor, Bondcritic

Ian Archer

Global EM Credit & Equity Investor

Credit

<p>The recent power struggle in Saudi Arabia triggered a bond sell-off in the Kingdom’s sovereign bonds. We believe that the sell-off has been overdone, and that investors should use the current uncertainty to buy Saudi USD government debt which offers good value relative to peers.   The YTM of this Saudi 5Y note has decreased by 21bps since the height of the crisis in early November. The spread vs the US 5Y Treasury has now increased by 9bps since the beginning of the crisis. At the height of the…</p>

The recent power struggle in Saudi Arabia triggered a bond sell-off in the Kingdom’s sovereign bonds. We believe that the sell-off has been overdone, and that investors should use the current uncertainty to buy Saudi USD government debt which offers good value relative to peers.   The YTM of this Saudi 5Y note has decreased by 21bps since the height of the crisis in early November. The spread vs the US 5Y Treasury has now increased by 9bps since the beginning of the crisis. At the height of the…

Saudi Arabia: A Corruption Crackdown Presents a Buying Opportunity

Saudi International Bond

Saudi Arabia: A Corruption Crackdown Presents a Buying Opportunity